Brief: Q-Free Awarded Tolling ARR Contracts In Norway

Q-Free ASA

04/03/2022 07:04

March 4 (Reuters) - Q-Free ASA  QFR.OL :
    * Q-FREE: TOLLING ARR CONTRACTS IN NORWAY - >30 MNOK
    * VEGAMOT AS, A NORWEGIAN TOLL OPERATOR, HAS AWARDED Q-FREE
MULTIPLE CONTRACTS TO DESIGN, DELIVER, AND SERVICE TOLLING
ROADSIDE EQUIPMENT FOR TOLLING PROJECTS IN NORWAY.
    * CONTRACTS WILL HAVE A TOTAL VALUE ABOVE 30 MNOK
    * THEY ARE MAINLY STRUCTURED AS SERVICE DELIVERIES AND WILL
GENERATE ANNUAL RECURRING REVENUES. DELIVERIES WILL START IN
2022.

Source text for Eikon:  ID:nWkr950YF5 
Further company coverage:  QFR.OL 

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